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Saturday, January 3, 2026

Energy prices soar in 2021

Energy prices soared in 2021. With gas, oil, coal, electricity, and carbon all shooting higher in large part. Owing to a resurgence of geopolitical tensions between producers and consumers.

Islamophobia in Europe remained highest in 2020: Report

French President Emmanuel Macron features on cover of this year's report due to his policies, say co-editors

Pakistan’s new soybean cultivation to cut $5,000m imports

The promotion of maize-soybean strip intercropping technology from SAU is entering the fourth year since it was introduced to Pakistan in 2018.

U.S. trade gap hits record

The goods trade gap reported Wednesday by the Commerce Department is likely to remain historically high as long as the coronavirus pandemic continues,

Russia tests new air defense system after selling old one to India

1st S-550 air defense system has entered combat duty, according to local media

Pilots reveal inside story of chaotic collapse of Afghan Air Force

The United States had spent billions building a flying force in Afghanistan to give Kabul an edge over Islamic insurgents. Bombing raids killed countless Taliban fighters, who had no air power of their own.

Fiscal deficit reduces to Rs587 billion?

Owing to prudent policies of the government, the fiscal deficit has been brought down to 1.1 percent of Gross Domestic Product (GDP) during the first four months of Fiscal Year 2021-22 against 1.7 percent deficit during the same period last year, official report said.

Corporate sector earned Rs 929bln in profit last year

Minister of State for Information and Broadcasting Farrukh Habib on Wednesday said that due to the business-friendly policies of Prime Minister Imran Khan, the corporate sector in the PTI government had earned a net profit of Rs 929 billion last year, while in 2018 when the PML-N was in power, they had earned a profit of Rs 587 billion.

Apple takes strict action against Indian iPhone plant

Apple said it has placed the plant "on probation" and is working with the supplier to rapidly implement "a comprehensive set of corrective actions".The factory employs some 17,000 people. It makes iPhones for the Indian market and for export, as well as other gadgets.

Palestinian president makes rare visit to Israel

Palestinian President Mahmoud Abbas made a rare visit to Israel for talks on economic and security issues with Israel's defense chief, but with few prospects for any resumption of long-stalled peace negotiations.

Bitcoin fall scare crypto traders

Bitcoin, the world's biggest and best-known cryptocurrency, is down 31% from the year's high of $69,000 on Nov. 10.

Oil prices on the rise again?

Oil prices edged higher on Wednesday after rallying overnight as industry data showed a decline in U.S. inventories, boosting demand sentiment.
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